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Michael Dell Lists Second Boston Penthouse for $10.9 Million

Michael Dell Lists Second Boston Penthouse for $10.9 Million

by Phil Hall | Feb 19, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

For the second time in seven months, Dell Technologies Computer Chairman and CEO Michael Dell is listing a Boston penthouse for sale. The Wall Street Journal reported Dell has listed his 59th floor condominium in the Millennium Tower, a 60-story glass skyscraper in...
$12.1 Million Refinancing Arranged on California Multifamily Property

$12.1 Million Refinancing Arranged on California Multifamily Property

by Phil Hall | Feb 19, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Marcus & Millichap Capital Corp. (MMCC) announced that it has arranged $12.1 million for the refinancing of Laurel Canyon Apartments, a 46-unit multifamily property in Valley Village, California. Built in 2022, the property features a mix of one- and two-bedroom...
Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case

Judge Enacts $364 Million Verdict Against Trump in Real Estate Fraud Case

by Phil Hall | Feb 16, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Former President Donald Trump has been ordered by a New York judge in his civil fraud trial to pay nearly $364 million in damages for exaggerating the valuation of his real estate holdings in order to get favorable lending terms between 2011 and 2021. Judge Arthur...
Justice Department Objects to Settlement in Real Estate Commission Case

Justice Department Objects to Settlement in Real Estate Commission Case

by Phil Hall | Feb 16, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Justice has made its first foray into the growing number of lawsuits regarding real estate commissions by asking a federal judge in Boston to reject a consumer settlement between a group of home sellers and a multiple listing service. Reuters is...
Hits and Misses for the Real Estate Week of Feb. 12-16

Hits and Misses for the Real Estate Week of Feb. 12-16

by Phil Hall | Feb 16, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The MBA chief’s calling out the Biden administration’s housing policies, the Toronto mayor’s contemptuous defense of a massive residential property tax and an unlikely setting for weddings. From the wild and wooly world of real estate, here are the Hits and Misses for...
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